06/19/1967 - Laserfiche WebLink

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It was pointed out that the connection charge is oeing UegUL+u6eu SERER with Palo Alto at the present time. .1SSESSMSNT DIST. #3 (cont.) Discussion ensued as to the total ;acunt of money. to be paid over a 15 year period, but it was pointed out that even if a septic tank district were financed over a 15 year period there would still be interest charges. However, CouncilFuan Aiken requested that the in- terest charges be made clear, as well as the cash figure. City Engineer stated that competitive bidding would determine the interest rate, however, an approximate figure would be $10. monthly for amor- tization costs and interest on $1,200 over a 15 year period. In either event, a cash payment for house laterals and connection fees would be required. At the suggestion of Councilman Fowls, Mrs. E. C. Casey, 26646 Laurel Lane, made a presentation of the results of the petition for Sewer .%ssessment District 03, and presented a map showing the bound- aries of Arastradero, La Cresta, parts of Robleda and La Paloma. Charts indicated the following summary figures: Total Hoaaes: 311 - 20,1 contacted (66%) (137 or 6797 signed; 67 or 34% undecided or no) 107 not contacted (3451) Total I:creage 573 - Owners of -.19 acres contacted (73%) (Owners of 263 acres signed (63%) (Owners of 156 acres undecidedor no (3797) Owners of 154 acres not contacted (277.) Mrs. Casey stated she was glad to hear the Engineer's estimate was lower than they had been quoting. Councilman Fowls stated that he personally signed the petition as an interested property owner. Councilman Davey stated she does not reside in this basin, however, out of good will and approval signed the petition. Mrs. Casey said she appreciated Councilman Davey's gesture but that her name was taken off as being out of the district. Mayor asked for opposition to be heard. There were no comments in opposition, however, fir. T. H. Marshall, 25560 Altamont Road, asked I ow the slope density study will affect the undeveloped land within the proposed assessment district. The Mayor advised that the Engineer bases the assessment for each parcel on the actual benefit to each owner, taking into account the zoning and regulations of the Town. If the owner feels this amount is unfair, he may make a protest at the protest hearing. Councilman Fowle stated it would be his pleasure as a culmination of :aany years of effort to obtain sewers, as well as to expedite natters before the next rains, to move that the Council go forward with the resolutions prepared by the City Attorney. The City Attorney presented and read in its entirety, Resolution RESOLUTION Ido. 339, a resolution of the City Council of the Town of Los Altos 110. 397 Hills, to undertake proceedings pursuant to special assessment and assessment bond acts for the acquisition and construction of improve - rents without proceedings. under Division n of the Streets and Highways Code. - 3-